Trusted Accounting and Tax Services for Non-Profit Organizations
Non-profit organizations face unique financial and regulatory challenges. From IRS Form 990 filings to OMB Circular A-133 compliance, nonprofit accounting is anything but simple. At Riley & Company, we specialize in nonprofit accounting, audits, and tax compliance. Whether you’re launching a new organization or managing a well-established entity, we help you stay compliant, optimize resources, and operate efficiently—so you can focus on what matters most: your mission.
Why Choose Us for Non-Profit Organization Services?
Specialized Nonprofit Expertise
Since 1999, we’ve worked extensively with 501(c)(3) organizations, associations, foundations, and charities across Texas.
Full-Service Financial Support
From securing tax-exempt status to preparing reviewed financial statements, we offer comprehensive nonprofit accounting solutions under one roof.
Compliance with Confidence
We stay up to date with IRS requirements, OMB Circular A-133, and evolving state laws—so your organization always remains in good standing.
Grant-Ready Financials
Our detailed financial reporting and revenue support schedules help you confidently apply for grants and demonstrate fiscal responsibility to donors.
Purpose-Driven Approach
We understand nonprofits from the inside out, aligning our services with your bylaws, programs, and funding models.
Our Non-Profit Organization Services Include
Form 990 & 990-T Preparation
We prepare and file IRS Forms 990 and 990-T, including all supporting schedules, ensuring compliance with federal regulations.
Audited, Reviewed, or Compiled Financial Statements
Our team provides independently audited or reviewed financials based on your donor, board, or grant requirements.
Tax-Exempt Status Applications
We guide you through applying for 501(c)(3) status, including Form 1023 preparation and state-level registrations.
Program and Functional Expense Reporting
We prepare clear breakdowns of program vs. administrative costs to meet regulatory expectations and improve donor transparency.
Compliance Monitoring & Advisory
We advise on unrelated business income (UBI), state compliance, and cost-saving strategies tailored to nonprofit operations.
Let our nonprofit experts help you maintain transparency, meet deadlines, and build trust with your supporters.
Our Proven Process
Discovery & Needs Assessment
We review your organization’s structure, bylaws, funding sources, and reporting obligations.
Regulatory Compliance Setup
We ensure all federal and state filings are current and assist with obtaining or renewing tax-exempt status.
Financial Systems & Reporting
We implement and manage accounting systems that produce timely, grant-ready financial statements and audit trails.
Ongoing Support & Advisory
We provide year-round support—from quarterly reviews to IRS audit assistance and board reporting.
Strengthen Your Mission with Financial Clarity
Your cause deserves a solid financial foundation. Let Riley & Company handle the numbers—so you can focus on impact.
FAQ
Frequently Asked Questions
-
Do all nonprofits have to file IRS Form 990?
Yes. Most tax-exempt nonprofits must file Form 990, 990-EZ, or 990-N annually, depending on revenue size. We determine and file the correct form for you.
-
What is unrelated business income (UBI) and how is it taxed?
UBI refers to income from activities not directly related to your mission. It may be taxable and must be reported on Form 990-T. We help identify and report UBI accurately.
-
How do I apply for 501(c)(3) tax-exempt status?
We assist in preparing Form 1023 and all necessary documentation, ensuring your application to the IRS meets the stringent eligibility criteria.
-
What kind of financial statements does a nonprofit need?
Depending on your size and funding sources, you may need compiled, reviewed, or audited statements. We tailor financial reporting to your organization's needs.
-
Can Riley & Company help with state-level compliance for nonprofits?
Absolutely. We help ensure compliance with Texas state laws, including registration, reporting, and licensing requirements for nonprofit entities.